The market was as prepared for a taper as it was ever going to be and the decision from the Fed came as a total shock. With markets likely to be choppy until we get further QE-related news, here's how to profit with an iron condor.
Treasury 10-year note yields fell to the lowest level in six weeks as investors bet the Federal Reserve will maintain monetary stimulus as it awaits a pick-up in economic growth, stoking demand for government debt.
The Federal Reserve’s open window for ending quantitative easing may not last longer than this FOMC meeting or the next. If the Fed is to act on a change of monetary policy, it may have no choice but to move now. Here are six reasons why.
The November Brent/WTI spread has continued to narrow declining for the last two sessions in a row. As the supply issues that I have been discussing for weeks start to resolve themselves the spread will resume its path toward parity.
Federal Reserve Bank of Chicago President Charles Evans, who has consistently supported record stimulus, said the Fed shouldn’t taper its $85 billion in monthly bond buying until inflation and economic growth pick up.
Americans spending more on cars and housing helped the economy maintain a “modest to moderate” pace of expansion from early July through late August, even as borrowing costs increased, the Federal Reserve said today.